How to Split Up Money From a Will Amongst the Grandchildren
- 1). Examine the will for a clause specifying the division of assets. The will may state how you should divide the money. If the will does not mention the grandchildren and you are gifting them money from a received inheritance of yours, it is up to you to decide who receives money and how much to give.
- 2). Consult an attorney regarding the laws in your state. If the will specifies that you are to divide the money amongst the grandchildren, typically you should split the money evenly. Not doing so can lead to someone contesting the division.
- 3). Count the grandchildren and divide the amount by the number of recipients.
- 4). Write a check to each beneficiary from the estate or your personal account. If the child is underage, consider placing the money in a trust for her educational expenses.